Split year end P&L between retained earnings and another balance sheet natural account

Summary:

At year end, the P&L amount is transferred to retained earnings, and this created the opening balance for the next financial year. Is there a way to transfer some P&L accounts to a different balance sheet natural account instead of the retained earnings account?

Content (please ensure you mask any confidential information):

My client has a required for capital settlement expenditure on the P&L to transfer to a balance sheet account that is not retained earnings at year end. They are able to achieve this in their current non-oracle ERP system. Can you please tell me if it is possible to achieve this in Oracle Fusion? And if so how can it be configured?